207 episodes

Talking Tax, from Bloomberg Tax, is a weekly discussion of the most pressing issues facing tax and accounting professionals. Each week the podcast features discussions with lawmakers, federal regulators, practitioners, and journalists. From the courts to Capitol Hill to the IRS, Talking Tax has it covered. Hosts: Amanda Iacone and Jeffery Leon.

Talking Tax Bloomberg Tax

    • News

Talking Tax, from Bloomberg Tax, is a weekly discussion of the most pressing issues facing tax and accounting professionals. Each week the podcast features discussions with lawmakers, federal regulators, practitioners, and journalists. From the courts to Capitol Hill to the IRS, Talking Tax has it covered. Hosts: Amanda Iacone and Jeffery Leon.

    Global Tax Pact Gets G-20 Boost, Implementation Awaits

    Global Tax Pact Gets G-20 Boost, Implementation Awaits

    The Group of 20 finance ministers have formally backed a global plan to overhaul where and how multinationals are taxed and set a minimum 15% corporate tax rate.
    The OECD-brokered deal—backed by 136 countries— has been years in the making. It now heads into a new phase: Implementation.
    Officials will next have to tackle a plan to carry out the deal, including rolling back unilateral digital tax measures and drafting model treaties and legislation for countries to use to implement the new rules.
    On this episode of our weekly Talking Tax podcast, reporter Hamza Ali talks about the latest developments and what's ahead as countries look to implement the historic agreement.

    Have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

    • 14 min
    Pandora Papers Offer Peek Into Private World of Rich

    Pandora Papers Offer Peek Into Private World of Rich

    Pandora's box got flung wide open this week, and secrets about how global billionaires and politicians stash their assets came spilling out.
    The Pandora Papers are a giant leak of millions of financial documents, reported by the International Consortium of Investigative Journalists. They show how many ultra-wealthy people and global leaders are using offshore trusts and other financial entities to store huge amounts of the assets they own.
    On this episode of our weekly Talking Tax podcast, reporter Michael Rapoport hears two very divergent views on what should be done about this.
    We hear from Christian Hallum, tax policy lead for the charity and advocacy group Oxfam International, who decries the practices detailed in the documents and says they perpetuate global inequality. And we also speak with Josh Rubenstein, a trusts and estates attorney and national chair of the private wealth department at Katten Muchin Rosenman LLP, who worries that a crackdown could ultimately invade the privacy of law-abiding people who use trusts to manage their wealth.

    Have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

    • 18 min
    How Accountants Can Learn to Love the Robots

    How Accountants Can Learn to Love the Robots

    In the field of accounting, the robots have most definitely arrived.
    Front-line accountants may already use some of type of bot, also known as robotics process automation, or RPA. Or maybe they would love to have a bot on their team. Others, of course, may be a bit fearful that automation is going to erase their jobs.
    To sort out how RPA works, and is evolving, we turned to Loreal Jiles, vice president for research at the Institute of Management Accountants. She previously led an RPA program overseeing both professionals and bots.
    Bloomberg Tax's Amanda Iacone spoke with Jiles about how RPA can help take tedious and repetitive tasks out of an accountant's day—with no programming experience required.

    Have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

    • 19 min
    What the House International Tax Plan Would Do

    What the House International Tax Plan Would Do

    The House Ways and Means Committee passed a proposal last week to revamp the way U.S. multinationals pay taxes—but to a lesser extent than other Democratic plans on the table.
    The proposal—part of a broader tax package to help fund Democrats' planned spending of up to $3.5 trillion—would increase the minimum tax on U.S. companies' foreign income and get tougher in other ways on those that do business overseas. It is more modest in some respects than what President Joe Biden and Democrats on the Senate Finance Committee have proposed.
    On this episode of our weekly Talking Tax podcast, senior reporter Michael Rapoport discusses the House plan with Craig Hillier, the Americas international tax and transaction tax services leader for accounting firm EY. Hillier explains the details of the House proposal and discusses its chances in a narrowly divided Congress. He also talks about how the plan meshes with the pending global tax overhaul agreement among countries at the Organization for Economic Cooperation and Development.

    • 11 min
    Biden's Capital Gains Overhaul Loses Traction in House

    Biden's Capital Gains Overhaul Loses Traction in House

    The House Ways and Means Committee approved its portion of a multi-trillion dollar economic and social spending plan this week. But despite this latest victory, Democrats still have a lot of work to do before their aspirations become law.
    The House tax plan doesn't include some of President Joe Biden's notable proposals, including an overhaul of the way unrealized capital gains are treated at death. The tax plan advanced by Ways and Means also aims for more modest hikes to the corporate and capital gains rates than Biden has been seeking.
    On this week's episode of our weekly Talking Tax podcast, senior reporter Colin Wilhelm discusses the state of play with two Bracewell LLP lobbyists who have a depth of knowledge on the issues: Yasmin Nelson, former senior policy advisor to then-Sen. Kamala Harris,, and colleague Liam Donovan, a former Republican campaign operative who now works on tax and energy issues as well as providing multi-platform political commentary.
    Nelson and Donovan break down the opposition to the capital gains overhaul, how a troubled prescription drug pricing proposal impacts the overall revenue picture, and what is happening over on the Senate side of the Capitol.

    Have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

    • 21 min
    Irish Tax Schemes a Thing of the Past, Economist Says

    Irish Tax Schemes a Thing of the Past, Economist Says

    Four years after enactment of the 2017 tax law, the ramifications of Congress' tax code overhaul can be felt thousands of miles away in Ireland, as firms are no longer using the Emerald Isle to shift profits to low-tax jurisdictions.
    New research by a leading Irish economist shows that many U.S. multinationals are sending outbound payments from Ireland directly to the U.S., rather than to zero- or low-tax jurisdictions.
    On this episode of our weekly Talking Tax podcast, Seamus Coffey, a lecturer at University College Cork in Ireland talks about how companies are being encouraged to hold intellectual property in places where they have actual economic activity.

    Have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

    • 14 min

Top Podcasts In News

You Might Also Like